###POV US 10-YR TECHS:.........>

US 10YR FUTURE TECHS: ###POV US 10-YR TECHS: Potential Correction Looming Large

* The sell-off from the 128-03+ 2017 highs has seen the contract in a sustained

bear trend that resulted in 118-10+ 2018 & 7yr lows on May 17.

* The lack of downside follow through has resulted in a break of the weekly bear

channel top (119-22+) ringing alarm bells for LT bears. 

* The 21-WMA is noted at 120-20+ with a close above needed to add support to the

case for a break of the key 121-12+ Apr monthly high. 

* Above 121-12+ is needed to hint at a move back to 123-23+/124-05 where the

55-WMA is situated.

* The 21-DMA is noted at 119-10+ but LT bears need to see a close back below

118-31 to end correction talk and see bears initially refocused on tests of

117-22+ 2011 lows.

* Click for chart https://tinyurl.com/ybg4butu